ALEXANDRIA, Va., April 7 -- United States Patent no. 12,597,026, issued on April 7, was assigned to PayPal Inc. (San Jose, Calif.).
"Validation and storage of transaction data for a blockchain" was invented by Suryatej Gundavelli (San Jose, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system includes a memory and a processor configured to execute computer instructions stored in the memory that when executed cause the system to perform operations. The operations include receiving transaction data associated with a transaction via a transaction component. The operations include incorporating at least a portion of the transaction data into a security process associated with challenge-response authent...